Fee and commission income fell 6.7% to $%293,000 but other operating income more than doubled to $164,000. Income before operating expenses rose 6.7% to $5.8 million.
SINGAPORE (May 11): Singapura Finance reported earnings of $1.2 million for the 1Q18 ended March, a decline of 30.5% from $1.7 million in 1Q17 last year.
As interest income and hiring charges fell 4.4% to $7.3 million and interest expense fell 27.3% to $1.9 million, net interest and hiring charges rose 8% to $5.3 million.
